# PPP loan: PRECISION WALL SYSTEMS, INC.
> **$1.44M** approved 04/05/2020 · Paid in Full · Loan `5198667001`
## Borrower
- **Name:** PRECISION WALL SYSTEMS, INC.
- **Address:** 3801 S Main St, SOUTH BEND, IN, 46614-2521
- **NAICS:** 238150
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.44M
- **Initial approval:** $1.44M
- **Forgiven:** $1.45M (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.26M
- **Rent:** $12K
- **Utilities:** $17K
- **Health care:** $146K
- **Jobs reported:** 73
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*